With the explosion in popularity of cryptocurrency (i.e. Bitcoin, Ethereum, Litecoin, Ripple, etc.) in 2017, you are sure to have clients who have invested in it and (likely) profited off it as well. But as tax season approaches, do you know how to file taxes on behalf of those clients and their cryptocurrency (also known […]

With the passing of the GOP tax bill, tax year 2018 is going to look and feel a little different for the tax preparation industry. In fact, you may already be feeling anxious about the changes but that’s understandable. We’ll be here with you as the situation unfolds, so that we can help you understand what […]

Last week, the IRS announced the release of the Criminal Investigation Division’s (CI) annual report, reflecting significant accomplishments & criminal enforcement actions taken in fiscal year 2017. This public report serves as a reminder to use strict security protocol within your tax practice and to adhere to the latest laws as a professional tax preparer.

Customer quote on the use of TaxAct Professional and Taxaroo: “Without a doubt, partnering with Taxaroo strengthens the leverage TaxAct’s platform has over competitors in terms of user-friendliness, efficiency in work flow, cloud-based technology, and cost effectiveness. With this partnership, I don’t need to look anywhere else. Between the two platforms, I have all that […]

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